Do I have to purchase my Medicare Supplement and Part D plan from the same insurance company?

No, you don't have to buy your Medicare Supplement and Part D plan from the same insurance company. It's a good idea to shop around to find the best plans for you. 

Here are some things to consider when choosing a Medicare Supplement and Part D plan:

Medicare Advantage Plan

Most Medicare Advantage Plans include Part D drug coverage, but some plans don't. If your plan doesn't include Part D, you can join a separate Medicare drug plan. 

Medigap policy

You can keep your Medigap policy and add a stand-alone Part D plan, or you can drop your Medigap policy and get all of your Medicare coverage through a Medicare Advantage plan. If you drop your Medigap policy, you might not be able to get it back. 

Plan benefits

The benefits of each lettered Medigap plan are the same, no matter which insurance company sells it. However, prices can vary widely between companies

With the cost of prescription medications rising faster than the average paycheck, it’s important to think about options that can help. Take time to understand the parts of Medicare so that you can decide the best Medicare options for your needs.